Whistleblower
Advocates
Award Winning Attorneys
SEC Prosecutions
Judgments Obtained Against Underwriters, Attorney and Developer on Charges of Bond Fraud
SEC v. Robert A. Kasirer, Jerold V. Goldstein, Joel T. Boehm, James E. Iverson, and Victor P. Dhooge
- $5.9 Million
Defendants, in various capacities, were charged with fraudulently offering and selling over $131 million of municipal revenue bonds to members of the public to finance the development of specified healthcare facilities by Heritage Housing Development, Inc. In eleven offerings, bonds were sold to more than 1,800 investors residing in 36 States. Bond proceeds, however, were allegedly wrongfully commingled and diverted. Defendant Iverson was barred from the industry in a follow-on administrative proceeding.
